--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-24-031867" form_type: "8-K" ticker: null cik: "0001865701" company_name: "Keyarch Acquisition Corp" filed_at: "2024-04-10T23:59:59+00:00" generated_at: "2026-06-04T00:36:16.671815+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # Keyarch closes business combination with ZOOZ Power; ZOOZ shares begin trading on Nasdaq ## Summary - ZOOZ ordinary shares and warrants commenced trading on Nasdaq on April 5, 2024, under ZOOZ and ZOOZW. - 2,010,480 Keyarch public shares were redeemed in connection with the closing. - Keyarch became a wholly-owned subsidiary of ZOOZ; all Keyarch directors/officers resigned, replaced by ZOOZ-appointed directors. - Warrant agreements were assumed and amended to reference ZOOZ ordinary shares instead of Keyarch shares. - Keyarch agreed to pay EarlyBirdCapital $1.5M business combination marketing fee, part via promissory note secured by escrowed sponsor shares. ## SEC filing metadata - accession: 0001213900-24-031867 - form_type: 8-K - cik: 0001865701 - company_name: Keyarch Acquisition Corp - filed_at: 2024-04-10T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 1.01, 3.01, 3.03, 5.01, 2.01, 5.02, 5.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/ea0203514-8k_keyarch.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-24-031867 - JSON: https://secwatch.observer/filing/0001213900-24-031867.json - Plain text: https://secwatch.observer/filing/0001213900-24-031867.txt ## Key facts - Executive change Boaz Weizer was appointed as Sole Director at Keyarch Acquisition Corp. - Action: appointed - Role: Sole Director source text: Following the consummation of the Business Combination, Boaz Weizer was appointed to serve as the sole director of Keyarch. evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - Executive change Sanqiang (Larry) Wang was appointed as Director at Keyarch Acquisition Corp. - Action: appointed - Role: Director source text: Following the consummation of the Business Combination, Christine Y. Zhao, Sanqiang (Larry) Wang, Fang Zheng and Naama Zeldis were each appointed to serve as a director of ZOOZ. evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - Executive change Kai Xiong departed as director at Keyarch Acquisition Corp. - Action: ceased source text: each of Fang Zheng, Kai Xiong, Jing Lu, Mark Taborsky, Doug Rothschild and Mei Han ceased to be directors and/or officers of Keyarch. evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - Executive change Mei Han departed as director at Keyarch Acquisition Corp. - Action: ceased source text: each of Fang Zheng, Kai Xiong, Jing Lu, Mark Taborsky, Doug Rothschild and Mei Han ceased to be directors and/or officers of Keyarch. evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - Executive change Naama Zeldis was appointed as Director at Keyarch Acquisition Corp. - Action: appointed - Role: Director source text: Following the consummation of the Business Combination, Christine Y. Zhao, Sanqiang (Larry) Wang, Fang Zheng and Naama Zeldis were each appointed to serve as a director of ZOOZ. evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - Executive change Jing Lu departed as director at Keyarch Acquisition Corp. - Action: ceased source text: each of Fang Zheng, Kai Xiong, Jing Lu, Mark Taborsky, Doug Rothschild and Mei Han ceased to be directors and/or officers of Keyarch. evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - Executive change Fang Zheng departed as director at Keyarch Acquisition Corp. - Action: ceased source text: each of Fang Zheng, Kai Xiong, Jing Lu, Mark Taborsky, Doug Rothschild and Mei Han ceased to be directors and/or officers of Keyarch. evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - Executive change Mark Taborsky departed as director at Keyarch Acquisition Corp. - Action: ceased source text: each of Fang Zheng, Kai Xiong, Jing Lu, Mark Taborsky, Doug Rothschild and Mei Han ceased to be directors and/or officers of Keyarch. evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - Executive change Doug Rothschild departed as director at Keyarch Acquisition Corp. - Action: ceased source text: each of Fang Zheng, Kai Xiong, Jing Lu, Mark Taborsky, Doug Rothschild and Mei Han ceased to be directors and/or officers of Keyarch. evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - Executive change Christine Y. Zhao was appointed as Director at Keyarch Acquisition Corp. - Action: appointed - Role: Director source text: Following the consummation of the Business Combination, Christine Y. Zhao, Sanqiang (Larry) Wang, Fang Zheng and Naama Zeldis were each appointed to serve as a director of ZOOZ. evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - Executive change Fang Zheng was appointed as Director at Keyarch Acquisition Corp. - Action: appointed - Role: Director source text: Following the consummation of the Business Combination, Christine Y. Zhao, Sanqiang (Larry) Wang, Fang Zheng and Naama Zeldis were each appointed to serve as a director of ZOOZ. evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm - M&A Transactions Keyarch Acquisition Corp underwent a change of control involving ZOOZ Power Ltd. (closed 2024-04-04). - Action: change of control - Counterparty: ZOOZ Power Ltd. - Closing: 2024-04-04 source text: On April 4, 2024 (the “ Closing Date ”), Keyarch Acquisition Corporation, a Cayman Islands exempted company (the “ Company ” or “ Keyarch ”), and ZOOZ Power Ltd. (TASE: ZOOZ), a limited liability company organized under the laws of the State of Israel (“ ZOOZ ”), consummated (the “ Closing ”) their previously announced business combination (the “ Business Combination ”), pursuant to that certain Business Combination Agreement, dated as of July 30, 2023 (as amended on February 9, 2024, March 8, 2024 and March 15, 2024, the “ Business Combination Agreement ”), by and among Keyarch, ZOOZ, ZOOZ Power Cayman, a Cayman Islands exempted company and a direct, wholly owned subsidiary of ZOOZ (“ Merger Sub ”), Keyarch Global Sponsor Limited, a Cayman Islands exempted company (the “ Sponsor ”), in the capacity as representative of specified shareholders of Keyarch after the effective time of the Business Combination, and, by a joinder agreement, Dan Weintraub in the capacity as representative of evidence_url: https://www.sec.gov/Archives/edgar/data/1865701/000121390024031867/0001213900-24-031867-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.